28 Saddle Spur TrlEdgewoodNM87015
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Edgewood at 28 Saddle Spur Trl, Edgewood, NM, 87015 priced at $239,900 pairs $1,665/mo rent with $257/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,665/mo, and annual cash flow comes to $3,085/yr on $79,527 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 8.33% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 123.29% and total cumulative return in cash reaches $98,047. For financing, Ziffy Mortgage’s DSCR program evaluates $1,665/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1978
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
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Listed by: Jason R Fitak • Full House Real Estate,LLC
Mls Name: SWMLS
Mls ID: #1087372